NYPA President Richard Kessel
Pledges Regional Board Meetings
October 23, 2008
FOR IMMEDIATE RELEASE
BUFFALO—New York Power Authority (NYPA)
President and Chief Executive Officer Richard M. Kessel today pledged to hold NYPA’s
Board of Trustee meetings around the state. In doing so, Kessel is
striving to make NYPA more transparent and accessible to the public
and to demonstrate its commitment to engaging the communities in
which the Power Authority maintains critical facilities.
While visiting with officials in Western New
York, Kessel said that the Power Authority’s next board meeting,
scheduled for November 19, will be in Buffalo. Specifically, the
November NYPA Board of Trustees meeting will be at the offices of
Empire State Development, 424 Main Street, Buffalo.
In only his second week on the job as NYPA
president, Kessel traveled to Western New York to meet with local
officials and economic development advocates and to visit the Power
Authority’s Niagara Power Project. He confirmed his commitment to
ensuring that the Power Authority will continue to be a good
corporate citizen and neighbor to the communities where it operates
generation facilities and transmission lines and will work to
strengthen those relationships.
NYPA’s Niagara Power Project, located in the
Town of Lewiston, Niagara County, produces over 2,400 megawatts (mw)
of electricity. Low-cost hydropower generated at the plant supports
more than 45,000 jobs in Western New York.
Kessel also indicated that he is working with
NYPA Acting Chairman Michael Townsend and the other members of the
Board of Trustees to schedule future meetings in other regions of
the state. In doing so, he also vowed to be back in Western New
York with a future board meeting in Niagara County.
■ NYPA uses no tax money or
state credit. It finances its operations through the sale of
bonds and revenues earned in large part through sales of
electricity. ■ NYPA is a leader in promoting
energy-efficiency, new energy technologies and electric
transportation initiatives. ■ It is the
nation’s largest state-owned electric utility, with 18 generating
facilities in various parts of the state and more than 1,400
circuit-miles of transmission lines.
Return to Press Center